CoreCap Advisors LLC Has $4.21 Million Position in Palantir Technologies Inc. $PLTR

CoreCap Advisors LLC grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 25.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,067 shares of the company’s stock after purchasing an additional 7,215 shares during the quarter. CoreCap Advisors LLC’s holdings in Palantir Technologies were worth $4,208,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Basepoint Wealth LLC bought a new position in Palantir Technologies in the 4th quarter valued at about $29,000. Morton Brown Family Wealth LLC grew its position in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the last quarter. Cornerstone Financial Management LLC acquired a new position in shares of Palantir Technologies in the fourth quarter valued at approximately $31,000. Clayton Financial Group LLC increased its stake in shares of Palantir Technologies by 500.0% during the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares during the period. Finally, Wexford Capital LP bought a new position in shares of Palantir Technologies during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Palantir Technologies News

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Exceptional Q2 growth: Revenue increased 93% year over year to approximately $1.94 billion, surpassing the roughly $1.81 billion consensus estimate. Adjusted EPS of $0.41 also exceeded expectations near $0.34, marking another major earnings beat. Palantir Keeps Beating Estimates, But The Price Keeps Getting Steeper
• Positive Sentiment: Commercial demand is accelerating: U.S. commercial revenue surged 149%, while government revenue rose 90%. Management attributed the momentum to demand for AI sovereignty and tools that allow enterprises to retain control of proprietary data and operations. Palantir jumps on otherworldly commercial revenue
• Positive Sentiment: Higher outlook and profitability: Palantir raised its 2026 revenue, profit and cash-flow guidance. Reports also highlighted an adjusted operating margin of about 62%, approximately $1.22 billion in free cash flow and a 55% GAAP net margin, strengthening the case that growth is translating into substantial earnings and cash generation. Palantir Raises 2026 Guidance
• Positive Sentiment: Analyst support and strategic expansion: Deutsche Bank upgraded PLTR to Buy, while Northland raised its target to $200 and Piper Sandler maintained an Overweight rating with a $230 target. A new partnership with Mercury Systems also aims to automate U.S. defense supply chains, potentially expanding Palantir’s government opportunity. Deutsche Bank upgrades Palantir
• Neutral Sentiment: Technical momentum is strong: The rally pushed PLTR above its 200-day moving average and triggered unusually heavy call-option activity. These signals can support further momentum but may also increase short-term volatility. Palantir breaks above its 200-day moving average
• Negative Sentiment: Valuation remains the key risk: With a market capitalization near $380 billion and a price-to-earnings ratio around 178, investors are paying a steep premium for continued rapid growth. Analysts caution that even excellent results may not be enough if growth or guidance eventually falls short of elevated expectations. Palantir’s blowout quarter creates a valuation question
• Negative Sentiment: Profit-taking and skepticism: Cathie Wood’s ARK sold approximately $6.4 million of PLTR shares after the earnings rally, and investor Michael Burry warned that Palantir and other AI leaders could become overvalued “future ghost towns.” These developments reinforce concerns about a crowded AI trade.

Wall Street Analysts Forecast Growth

PLTR has been the subject of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Palantir Technologies in a research note on Friday, July 24th. Jefferies Financial Group reiterated an “underperform” rating and set a $80.00 price objective on shares of Palantir Technologies in a research report on Tuesday. Mizuho lifted their target price on Palantir Technologies from $185.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday. Cantor Fitzgerald began coverage on shares of Palantir Technologies in a research note on Tuesday. They issued an “overweight” rating on the stock. Finally, Wedbush initiated coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $190.73.

Insiders Place Their Bets

In other Palantir Technologies news, insider David A. Glazer sold 17,128 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the transaction, the insider directly owned 375,242 shares in the company, valued at $51,047,921.68. The trade was a 4.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ryan D. Taylor sold 19,662 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $2,674,818.48. Following the sale, the insider owned 199,759 shares of the company’s stock, valued at $27,175,214.36. The trade was a 8.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,112,270 shares of company stock valued at $150,247,785 over the last three months. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $158.43 on Thursday. The stock has a fifty day moving average price of $131.20 and a 200-day moving average price of $139.80. The company has a market cap of $379.81 billion, a price-to-earnings ratio of 135.41, a PEG ratio of 2.55 and a beta of 1.59. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.Palantir Technologies’s revenue was up 92.8% on a year-over-year basis. During the same quarter last year, the business earned $0.16 earnings per share. Research analysts predict that Palantir Technologies Inc. will post 1.19 EPS for the current fiscal year.

Palantir Technologies Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.